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Hong Kong's IPO market performed poorly, with 15 out of 31 IPOs in Q3 breaking below their offering price on the first day of trading.
According to Bloomberg data, Hong Kong's IPO market is losing momentum, with 7 out of 12 IPOs in September falling on their first day, bringing the total number of first-day drops in Q3 to 15 out of 3
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Hong Kong's IPO market performed poorly, with 15 out of 31 IPOs in Q3 breaking below their offering price on the first day of trading.
According to Bloomberg data, Hong Kong's IPO market is losing momentum, with 7 out of 12 IPOs in September falling on their first day, bringing the total number of first-day drops in Q3 to 15 out of 3
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